Currys will this week deliver an update on the state of the High Street amid fears a squeeze on shoppers is taking its toll.
The retailer will publish a trading update ahead of its annual general meeting on Thursday.
Shares have fallen by around 12 per cent since a peak in early July but are still 18 per cent higher for the year to date.
It comes after analysts at Deutsche Bank last week suggested High Street firms could come under pressure as wage growth slows.
Tough going: Currys will deliver an update on the state of the High Street amid fears a squeeze on shoppers is taking its toll
Looking ahead to the trading update, Deutsche said the retailer ‘may start seeing the tougher environment’.
Currys boss Alex Baldock last month took the Government to task in a newspaper article over reforms that will mean higher business rates for many retailers.
He said heaping more costs on the sector would mean ‘higher prices, lower investment, fewer jobs and more boarded-up shops’.
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